Here is Intrade
Up slightly to $4.0 but the trend is clearly down - in a BIG way. People will say big deal but futures markets and bookies are a big deal.
The bet is whether it gets passed by the end of the year. My feeling is if it does not get passed by Dec. 31, 2008 then it is dead. No way they will touch it in Jan 2010. Unemployment benefits for many people will be up by then. It will not be a pretty time.
“My feeling is if it does not get passed by Dec. 31, 2008 then it is dead.”
Correction Dec 21, 2009.